Best regular savings accounts UK 2024

If you’d like to squirrel a set amount away every month and get rewarded handsomely, then a regular savings account could be the option you’re looking for with rates up to 8%.

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The Financial Services Compensation Scheme (FSCS) guarantees that it will step in to compensate the first £85,000 (£170,000 for a joint account) you have saved with a UK-authorised bank, building society or credit union in the event that the business goes bust.

Compare regular savings accounts

Table: sorted by interest rate, promoted deals first
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Name Product UKFSA-SAV AER Save Withdrawal notice Open via Incentive Apply link Balance after 1 year
first direct – Regular Saver Account
7% fixed for 1 year (on first £3,600)
£25 to £300 per month
1 year bond
Open via: website, mobile app
Go to site
View details
TSB – Monthly Saver
6% fixed for 1 year (on first £3,000)
£25 to £250 per month
1 year bond
Open via: branch, website
Go to site
View details
Principality BS – 6 Month Regular Saver
8% fixed for 182 days (on first £1,200)
£1 to £200 per month
6 month bond
Open via: branch, website
Go to site
View details
Bath Building Society – 16-25 Regular Saver
Bath BS – 16-25 Regular Saver
7.29% variable (on first £7,000)
£10 to £50 per month
None
Open via: branch, website, mobile app
Go to site
View details
Skipton BS – Member Regular Saver Issue 3
7% fixed for 1 year (on first £3,000)
£0 to £250 per month
1 year bond
Open via: branch, website, mobile app, post, telephone
Go to site
View details
The Co-operative Bank – Regular Saver Issue 1
Additional account needed
The Co-operative Bank – Regular Saver Issue 1
7% variable (on first £3,000)
£0 to £250 per month
1 year bond
Open via: branch, website
Go to site
View details
Skipton BS – Member Branch Regular Saver Issue 3
7% fixed for 1 year (on first £3,000)
£0 to £250 per month
1 year bond
Open via: branch, post, telephone
Go to site
View details
Nationwide BS – Flex Regular Saver Issue 3
6.5% variable
£0 to £200 per month
None
Open via: website, mobile app
Go to site
View details
Vernon Building Society – Online Regular Saver
Additional account needed
Vernon BS – Online Regular Saver
6.5% variable
£25 to £250 per month
None
Open via: website
Go to site
View details
Lloyds Bank – Club Lloyds Monthly Saver
6.25% fixed for 1 year (on first £4,800)
£25 to £400 per month
1 year bond
Open via: branch, website, mobile app, telephone
Go to site
View details
Royal Bank of Scotland – Digital Regular Saver
6.17% variable (on first £5,000)
£0 to £150 per month
None
Open via: website, mobile app
Go to site
View details
NatWest – Digital Regular Saver
6.17% variable (on first £5,000)
£0 to £150 per month
None
Open via: website, mobile app
Go to site
View details
West Brom Building Society – Fixed Rate Regular Saver Issue 7
West Brom BS – Fixed Rate Regular Saver Issue 7
6% fixed for 1 year (on first £3,000)
£10 to £250 per month
1 year bond
Open via: branch, website
Go to site
View details
Cambridge Building Society – Extra Reward Regular Saver (Issue 2)
Existing members only
Cambridge BS – Extra Reward Regular Saver (Issue 2)
6% fixed for 1 year (on first £3,600)
£0 to £300 per month
1 year bond
Open via: branch, post, telephone
Go to site
View details
Melton Building Society – Regular Saver 6
Melton BS – Regular Saver 6
6% variable (on first £6,000)
£0 to £200 per month
30.09.26
Open via: branch, post
Go to site
View details
Market Harborough Building Society – Fixed Term Regular Saver (30.11.2025)
Market Harborough BS – Fixed Term Regular Saver (30.11.2025)
6% fixed until 30.11.25 (on first £3,750)
£10 to £250 per month
30.11.25
Open via: branch
Go to site
View details
Mansfield Building Society – Bonus Regular Savings (8th Issue)
Mansfield BS – Bonus Regular Savings (8th Issue)
5.85% variable (on first £50,000)
£10 to £250 per month
None
Open via: branch, post
Go to site
View details
Principality BS – 1 Year Triple Access Regular Saver
5.75% variable (on first £600)
£1 to £50 per month
1 year bond
Open via: branch, website
Go to site
View details
Yorkshire Building Society – Loyalty Regular eSaver
5.65% variable (on first £3,000)
£0 to £250 per month
1 year bond
Open via: website
Go to site
View details
Yorkshire Building Society – Loyalty Regular Saver
5.65% variable (on first £3,000)
£0 to £250 per month
1 year bond
Open via: branch, post
Go to site
View details
Halifax – Regular Saver
5.5% fixed for 1 year (on first £3,000)
£25 to £250 per month
1 year bond
Open via: branch, website, mobile app, telephone
Go to site
View details
Loughborough Building Society – Five Year Retirement Monthly Saver
Loughborough BS – Five Year Retirement Monthly Saver
5.5% variable (on first £33,000)
£55 to £550 per month
5 year bond
Open via: branch, post
Go to site
View details
Saffron BS – Small Saver (Issue 7)
5.5% variable (on first £600)
£1 to £50 per month
1 year bond
Open via: branch, website, post
Go to site
View details
Bank of Scotland – Monthly Saver
5.5% fixed for 1 year (on first £3,000)
£25 to £250 per month
1 year bond
Open via: branch, website, mobile app, telephone
Go to site
View details
Principality BS – 1 Year Regular Saver Bond (Issue 34)
5.5% fixed for 1 year (on first £3,000)
£1 to £250 per month
1 year bond
Open via: branch, website
Go to site
View details
Gatehouse Bank – Regular Saver Account Issue 2
Gatehouse Bank – Regular Saver Account Issue 2
5.3% variable (on first £3,600)
£1 to £300 per month
1 year bond
Open via: website
Go to site
View details
Lloyds Bank – Monthly Saver
5.25% fixed for 1 year (on first £3,000)
£25 to £250 per month
1 year bond
Open via: branch, website, mobile app, telephone
Go to site
View details
Aldermore – Regular Saver Account Issue 1
5.25% variable (on first £3,600)
£25 to £300 per month
1 year bond
Open via: website
Go to site
View details
Cumberland Building Society – Cumberland Regular Saver
Existing members only
Cumberland BS – Cumberland Regular Saver
5.2% variable (on first £3,000)
£1 to £250 per month
1 year bond
Open via: branch
Go to site
View details
OFFER
Leeds BS – Home Deposit Saver
5.15% variable (on first £30,000)
£0 to £500 per month
None
Open via: branch, website, post
£500 bonus if a Leeds BS residential purchase mortgage is offered, hold a minimum investment of £2.5K in this account and the account has been open for 6 months or more.
Go to site
View details
Suffolk Building Society – Online Variable Rate Regular Saver (31.12.2025)
Suffolk Building Society – Online Variable Rate Regular Saver (31.12.2025)
5.15% variable (on first £6,500)
£10 to £500 per month
31.12.25
Open via: website
Go to site
View details
Stafford Railway Building Society – Regular Saver - Issue 1
Stafford Railway BS – Regular Saver - Issue 1
5.15% variable (on first £100,000)
£25 to £1,000 per month
None
Open via: branch, website, post
Go to site
View details
Chorley Building Society – Regular Saver (30.09.2025)
Chorley Building Society – Regular Saver (30.09.2025)
5.15% variable (on first £3,600)
£25 to £300 per month
30.09.25
Open via: branch, website, post
Go to site
View details
Suffolk Building Society – Variable Rate Regular Saver (31.12.2025)
Suffolk Building Society – Variable Rate Regular Saver (31.12.2025)
5.15% variable (on first £6,000)
£10 to £500 per month
31.12.25
Open via: branch, post
Go to site
View details
Kent Reliance – One Year Regular Savings Account - Issue 12
5.1% variable (on first £6,000)
£1 to £500 per month
1 year bond
Open via: branch
Go to site
View details
Darlington Building Society – 12 Month Regular Saver
Darlington BS – 12 Month Regular Saver
5.1% variable (on first £3,000)
£0 to £250 per month
1 year bond
Open via: branch, website, post
Go to site
View details
Leeds BS – Regular Saver (Issue 57)
5.1% variable (on first £6,000)
£0 to £250 per month
05.10.26
Open via: branch, website, post
Go to site
View details
Skipton BS – Home Deposit Saver Issue 1
5.06% variable (on first £12,000)
£0 to £500 per month
2 year bond
Open via: branch, website, mobile app, post, telephone
Go to site
View details
Skipton BS – Branch Home Deposit Saver Issue 1
5.06% variable (on first £12,000)
£0 to £500 per month
2 year bond
Open via: branch, post, telephone
Go to site
View details
Loughborough Building Society – One Year Fixed Rate Monthly Saver - Issue 2
Loughborough BS – One Year Fixed Rate Monthly Saver - Issue 2
5.05% fixed for 1 year (on first £6,000)
£1 to £500 per month
1 year bond
Open via: branch, post
Go to site
View details
Yorkshire Building Society – Regular eSaver
5.05% variable (on first £3,000)
£0 to £250 per month
1 year bond
Open via: website
Go to site
View details
Yorkshire Building Society – Regular Saver
5.05% variable (on first £3,000)
£0 to £250 per month
1 year bond
Open via: branch, post
Go to site
View details
OFFER
Principality BS – First Home Steps Online (Issue 3)
5% variable (on first £25,000)
£1 to £1,500 per month
5 year bond
Open via: website
Celebratory Bonus of £500 paid to qualifying account holders who complete on a Principality Residential Mortgage to purchase their first home in England or Wales after 12 months and within 5 years of the date of opening account.
Go to site
View details
Melton Building Society – Regular Saver 5
Melton BS – Regular Saver 5
5% variable (on first £5,999)
£0 to £500 per month
None
Open via: branch, post
Go to site
View details
Suffolk Building Society – Variable Rate Regular Saver (31.12.2026)
Suffolk Building Society – Variable Rate Regular Saver (31.12.2026)
5% variable
£10 to £1,000 per month
31.12.26
Open via: branch, post
Go to site
View details
Cambridge Building Society – Reward Regular Saver (Issue 3)
Existing members only
Cambridge BS – Reward Regular Saver (Issue 3)
5% fixed for 1 year (on first £3,600)
£0 to £300 per month
1 year bond
Open via: branch, post, telephone
Go to site
View details
Progressive Building Society – Online Regular Rainy Day Saver Account (Issue 2)
Progressive BS – Online Regular Rainy Day Saver Account (Issue 2)
5% variable (on first £3,600)
£0 to £300 per month
None
Open via: website
Go to site
View details
Saffron BS – Member Regular Saver (Issue 12)
5% variable (on first £6,000)
£50 to £500 per month
1 year bond
Open via: branch, website, post
Go to site
View details
State Bank of India – Regular Saver Account
Additional account needed
State Bank of India – Regular Saver Account
5% fixed for 1 year (on first £12,000)
£20 to £1,000 per month
1 year bond
Open via: branch
Go to site
View details
Santander – Regular Saver (Issue 19)
5% fixed for 1 year (on first £2,400)
£0 to £200 per month
1 year bond
Open via: branch, website
Go to site
View details
OFFER
Principality BS – First Home Steps Account (Issue 4)
5% variable (on first £25,000)
£1 to £1,500 per month
5 year bond
Open via: branch
Celebratory Bonus of £500 paid to qualifying account holders who complete on a Principality Residential Mortgage to purchase their first home in England or Wales after 12 months and within 5 years of the date of opening account.
Go to site
View details
HSBC – Regular Saver
5% fixed for 1 year (on first £3,000)
£25 to £250 per month
1 year bond
Open via: branch, website, telephone
Go to site
View details
Penrith Building Society – Regular Saver 200 (Issue 2)
Penrith BS – Regular Saver 200 (Issue 2)
5% variable (on first £4,800)
£0 to £200 per month
2 year bond
Open via: branch
Go to site
View details
Yorkshire Building Society – First Home Saver
4.9% variable (on first £12,000)
£0 to £500 per month
2 year bond
Open via: branch, post
Go to site
View details
Yorkshire Building Society – First Home eSaver
4.9% variable (on first £12,000)
£0 to £500 per month
2 year bond
Open via: website
Go to site
View details
Hinckley & Rugby Building Society – Regular Saver 30 Day Notice Issue 2
Hinckley & Rugby BS – Regular Saver 30 Day Notice Issue 2
4.85% variable (on first £24,000)
£1 to £1,000 per month
30 days
Open via: branch, post
Go to site
View details
OFFER
Coventry BS – First Home Saver (2)
4.8% variable (on first £37,000)
£0 to £1,000 per month
3 year bond
Open via: branch, website, post, telephone
Celebratory Bonus: If account has been opened for at least 6 consecutive months and account holder goes on to complete with Coventry Building Society on their first residential mortgage within 5 years of the First Home Saver account being opened, the account holder will received £500 cashback.
Go to site
View details
Loughborough Building Society – Limited Access Monthly Saver
Loughborough BS – Limited Access Monthly Saver
4.75% variable (on first £50,000)
£1 to £2,000 per month
None
Open via: branch, post
Go to site
View details
Furness Building Society – 1 Year Regular Saver Issue 5
Furness BS – 1 Year Regular Saver Issue 5
4.75% variable (on first £3,000)
£1 to £250 per month
1 year bond
Open via: branch, post
Go to site
View details
Ford Money – Regular Saver
4.75% fixed for 1 year (on first £2,400)
£25 to £200 per month
1 year bond
Open via: website
Go to site
View details
Coventry BS – Regular Saver (6)
4.75% variable (on first £6,000)
£0 to £500 per month
1 year bond
Open via: branch, website, post, telephone
Go to site
View details
Bath Building Society – Homestart Regular Saver
Bath BS – Homestart Regular Saver
4.74% variable (on first £57,000)
£50 to £250 per month
None
Open via: branch, website, mobile app
Go to site
View details
Monmouthshire Building Society – Regular Saver - Issue 4
Monmouthshire BS – Regular Saver - Issue 4
4.5% variable (on first £3,600)
£0 to £300 per month
1 year bond
Open via: branch, website
Go to site
View details
Earl Shilton Building Society – Regular Monthly Saver
Earl Shilton BS – Regular Monthly Saver
4.3% variable (on first £100,000)
£10 to £1,000 per month
None
Open via: branch, post
Go to site
View details
Ecology Building Society – Regular Savings
OFFER
Ecology Building Society – Regular Savings
4.25% variable
£10 to £250 per month
None
Open via: website, post
Green - Provider has environmentally focused ethos.
Go to site
View details
Mansfield Building Society – Regular eSaver 30 (1st Issue)
Mansfield BS – Regular eSaver 30 (1st Issue)
4.25% variable (on first £50,000)
£10 to £500 per month
30 days
Open via: website
Go to site
View details
Beverley Building Society – Monthly Savings Account
Beverley BS – Monthly Savings Account
4.25% variable (on first £400,000)
£10 to £2,000 per month
None
Open via: branch, post
Go to site
View details
Bath Building Society – The Regular Saver
Bath BS – The Regular Saver
4.24% variable (on first £100,000)
£20 to £250 per month
None
Open via: branch, website, mobile app
Go to site
View details
Darlington Building Society – Home Saver
OFFER
Darlington BS – Home Saver
4.2% variable (on first £30,000)
£0 to £500 per month
None
Open via: branch, website, post
Bonus: If account has a minimum of £2,500 when applying for a residential mortgage with Darlington BS, the account has been opened for at least 5 months and account holder goes on to complete on a residential mortgage with Darlington BS, the account holder will receive a £500 bonus payment.
Go to site
View details
Dudley Building Society – One Year Regular Saver Issue 8
Dudley BS – One Year Regular Saver Issue 8
4.15% variable (on first £11,050)
£0 to £850 per month
1 year bond
Open via: branch, post
Go to site
View details
Dudley Building Society – One Year Regular Saver Online Issue 3
Dudley BS – One Year Regular Saver Online Issue 3
4.15% variable (on first £11,050)
£0 to £850 per month
1 year bond
Open via: website
Go to site
View details
Newbury Building Society – Home Saver
OFFER
Newbury BS – Home Saver
4% variable (on first £20,000)
£10 to £500 per month
None
Open via: branch, website, post
Members can register for NBS Rewards which provides access to a wide range of money-saving discounts on useful products and services.
£500 cash bonus when taking out a new mortgage with Newbury BS subject to the following terms: customer must take out the mortgage within 12 months of account reaching its limit or closure, the Home Saver account must have been held and operated within its terms and conditions for a minimun of 12 months; a minimum of £5K must have been saved, customer must be a first time buyer.
Go to site
View details
Progressive Building Society – Clockwork Regular Saver Issue 2
Progressive BS – Clockwork Regular Saver Issue 2
3.75% variable (on first £1,000,000)
£20 to £500 per month
None
Open via: branch, post
Go to site
View details
Progressive Building Society – First Home Saver Account (Issue 1)
OFFER
Progressive BS – First Home Saver Account (Issue 1)
3.75% variable (on first £1,000,000)
£0 to £500 per month
None
Open via: branch, post
£500 Mortgage Cashback if Progressive Building Society Mortgage taken out to purchase first home (which must be in Northern Ireland), subject to eligibility, underwriting and criteria.
Go to site
View details
Buckinghamshire Building Society – Regular Saver
Buckinghamshire BS – Regular Saver
3.75% variable (on first £85,000)
£10 to £1,000 per month
None
Open via: branch, website, post
Go to site
View details
Progressive Building Society – Online Regular Saver Account (Issue 2)
Progressive BS – Online Regular Saver Account (Issue 2)
3.75% variable (on first £1,000,000)
£1 to £1,000 per month
None
Open via: website
Go to site
View details
Market Harborough Building Society – Member Regular Saver
Existing members only
Market Harborough BS – Member Regular Saver
3.5% variable (on first £50,000)
£10 to £3,000 per month
30 days
Open via: branch, website
Go to site
View details
West Brom Building Society – Access Regular Saver (Branch)
West Brom BS – Access Regular Saver (Branch)
3.35% variable
£20 to £2,000 per month
None
Open via: branch, website
Go to site
View details
West Brom Building Society – Access Regular Saver (Direct)
West Brom BS – Access Regular Saver (Direct)
3.35% variable
£20 to £2,000 per month
None
Open via: website, post
Go to site
View details
OFFER
Virgin Money – Home Buying Coach Regular Saver Issue 26
3% fixed until 20.10.25 (on first £3,500)
£1 to £250 per month
20.10.25
Open via: website, mobile app
'Coach Credits' can earned be when engaging with the app, which unlock exclusive mortgage and savings products when certain milestones are hit.
Go to site
View details
Loughborough Building Society – Regular Saver - Issue 1
Loughborough BS – Regular Saver - Issue 1
2.5% variable (on first £85,000)
£0 to £1,000 per month
None
Open via: branch, post
Go to site
View details
Hanley Economic Building Society – Branch Regular Saver
Hanley Economic BS – Branch Regular Saver
2.2% variable (on first £50,000)
£20 to £500 per month
None
Open via: branch, post
Go to site
View details
Nationwide BS – Flex Regular Saver Issue 3
2.15% variable
£0 to £200 per month
None
Open via: website, mobile app
Go to site
View details
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Please note: This calculator provides estimations based on assumptions such as that you do not make withdrawals. You should always refer to the account provider for exact figures as they may vary from our results. Interest may be taxable.

Putting your money into a regular savings account for a set time period is a great way to reach a savings goal. Numerous accounts are available, so use this guide to the best regular savings accounts to decide which one best suits your own needs and goals.

What is a regular savings account?

As the name suggests, a regular savings account involves setting money aside on a regular basis. So you pay money into the account every month, for a set period of time.

Both the amount of money and the time period required will vary depending on which provider you go with, but there are options where you can choose to save relatively small amounts (even as low as £1 a month).

Some people opt for this obligation to save money every month, as it’s a great way to build up savings at an affordable pace.

Another upside of these accounts is that they usually attract higher interest rates than both easy access savings accounts and notice savings accounts.

Can I access my money at any time with a regular savings account?

Potentially not. The downside of a regular savings account is that there may be restrictions on withdrawing the funds that you have saved. This is especially true of regular savings bonds.

Access and notice terms vary from product to product, and while it may be a simple case of instant access or no access at all, there can be several “inbetween” options too. For example, some products will allow you to make a limited number of withdrawals over a set timeframe. Others might require a specified number of days of notice to relinquish your funds.

If you do take money out when the account conditions don’t allow you to, or if you miss a regular savings payment, there may be financial penalties involved – typically foregoing interest.

Best regular savings accounts: how to choose

What turns out to be the “best” regular savings account for you will depend on your individual needs, so here are some pointers to consider before you choose one:

  • What’s the interest rate? This is the big one when you’re looking to generate a return on your savings (in addition to setting money aside), so research which provider is offering the best rate in the market.
  • Is the rate fixed or variable? Although savings rates don’t typically jump around from day to day, you may prefer the certainty of a fixed rate. Note that a fixed rate will only ever be fixed for a set period, and after that the revert rate is usually significantly worse (so fixed rates can be great for the short-term but require you to switch in the longer term).
  • Does the rate apply to the full balance? Commonly, the headline rate will apply to the first £x, and thereafter a lower rate will apply.
  • What monthly contributions are allowed? If there’s an obligation to pay a set amount every month, you need to make sure that’s affordable. Conversely, if there’s a maximum on what you can pay in each month, is it high enough? And can you make additional payments if you’re having a good month?
  • How easily can you access your funds? On some of the top-paying products, you may not be able to withdraw your savings for a set period of time (or will only have very limited access – say a set number of withdrawals per year or a set number of days notice required to make withdrawals), so be confident you can afford to tie your money up for the specified timeframe.
  • Am I eligible? In a few rare cases, you may need to be an existing customer, or perhaps hold your current account with the savings account provider.
  • How is the account opened and operated? Can you open the account online if you’d prefer not to visit a branch (or maybe you prefer the face-to-face experience)? Can you track and manage your account online or through an app?

Pros and cons of a regular savings account

Pros

  • The interest rates on offer can be better than for traditional, easy-access and notice savings accounts.
  • The need to pay money in regularly will help build up your savings pot. Regular savers are a great way to hit specific savings goals within a timeframe of your choosing.
  • The amount you’re required to save each month can be very low.
  • You may also be able to make additional contributions as and when it suits you.

Cons

  • You’ll usually have to make the regular contributions or face a penalty (generally forfeiting interest).
  • You’re often obliged to keep money locked in for a set period of time and might not be able to withdraw without a penalty.
  • The amount you can save each month will usually be capped.
  • Regular saver accounts rarely come with ISA wrappers.

An overview of our regular savings accounts comparison

Rates up to 8% AER
Number of accounts 84
Number of brands 48
Minimum monthly contribution £0
Maximum monthly contribution £3,000
Opening options Website, mobile app, branch, post, telephone

Bottom line

A regular savings account can be a great option if you’re looking to get better at saving. But you’ll need to be prepared to put a set amount aside each month, typically for a year, and potentially be happy to leave those funds untouched for that time.

If you’d prefer to be able to access your funds, an easy access savings account will likely be more suitable. Or, if you have a lump sum to invest and you are happy to lock it away for a set time, a fixed rate bond might be better.

Frequently asked questions

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables has the source: Moneyfacts Group PLC. In other cases, Finder has sourced data directly from providers.
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Michelle Stevens is a deputy editor at Finder, specialising in banking, finance, credit and mortgages. She has a journalism degree from the University of Sheffield and has been a journalist for 15 years, writing on topics including fintech, payment systems and retail. In her spare time, Michelle likes to travel, explore new foodie experiences and attempt to improve her own culinary skills. See full bio

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